With the huge amount of foreclosures on the market, I decided it would be a great idea to educate the public about why foreclosures can be a fantastic investment. There are certain liabilities you need to be aware of, but the benefits can far out weigh the obstacles. For example, take a look at this foreclosure that is currently on the market:
This property is 4500+ sq ft, on a 19,000 sq ft lot. In August, 2006 this property sold for $980,000. It is currently on the market in the low $600’s!! That is $136 sq/ft which is fantastic for a property of this size. Not to mention, that is the asking price from the bank. Each bank is different, but more and more banks are wanting to get rid of their current inventory. Deals are out there folks! If you are looking to get into a luxury home, now is the time to do it.
My team and I are offering FREE personalized foreclosure tours based on your needs. If you’d like to see what’s on the market, please email me at Felipe@felipecrook.com or call me toll free at 1-866-589-1646. I look forward to helping you take advantage of the great opportunities in Las Vegas.
Felipe Crook
Prudential Americana Group Realtors
